TotalEnergies invests $100 million in Climate Investment to scale decarbonization technologies, supporting OGDC efforts and accelerating emissions reduction across the global oil and gas sector.
At COP30, held this year in Belém, Brazil, TotalEnergies announced a major financial commitment aimed at accelerating decarbonization across the global oil and gas sector. As an active member of both the Oil and Gas Climate Initiative (OGCI) and the Oil and Gas Decarbonization Charter (OGDC), the company has pledged $100 million to Climate Investment’s Venture Strategy fund. This fund supports the development and deployment of technologies that significantly reduce emissions throughout the oil and gas value chain, aligning with global efforts to achieve energy transition goals.
Climate Investment, originally established by OGCI in 2015, has grown into a key platform for channeling strategic capital into climate-focused innovation. Over the years, it has invested several hundred million dollars in 46 early-stage and growth-stage companies specializing in methane detection, methane mitigation, carbon capture, and energy-efficiency solutions. These investments have generated substantial real-world impact, collectively delivering an estimated 133 million tonnes of CO2 equivalent reductions since 2019. This underscores the fund’s effectiveness in identifying technologies capable of creating immediate and scalable emissions benefits.
In July 2025, Climate Investment strengthened its industry influence by becoming a formal partner of the OGDC under a Memorandum of Understanding signed on July 14, 2025. As an official partner, Climate Investment will provide OGDC members with technical insights, innovation pathways, and deployment guidance to help them advance along their decarbonization journeys in line with the commitments outlined in the OGDC Charter.
TotalEnergies has been part of the OGDC since its launch during COP28. The company’s Chairman and CEO, Patrick Pouyanné, plays a prominent leadership role as one of the initiative’s three global champions, alongside Dr. Sultan Al Jaber of ADNOC and Amin Nasser of Saudi Aramco. TotalEnergies continues to emphasize a collaborative and cross-industry approach as the most pragmatic way to accelerate the energy transition. One of the company’s key contributions is the sharing of its proprietary AUSEA technology — an advanced methane detection and measurement system — with multiple national oil companies. This complements its OGMP 2.0 Gold Standard recognition and supports its move toward continuous methane-detection deployment across operated upstream facilities.
Furthermore, technologies supported by Climate Investment are already generating measurable operational improvements. A notable example is Qnergy’s instrument-air pneumatics system, which has replaced traditional gas-driven equipment across roughly 400 well pads in the Barnett field, significantly cutting methane emissions.
Patrick Pouyanné emphasized that TotalEnergies’ $100 million contribution will help fast-track the scaling of proven climate solutions across the OGDC community, enabling wider and faster adoption across operators. He urged both international and national oil companies to join forces through Climate Investment’s venture strategy so that decarbonization progress can advance more rapidly.
Climate Investment CEO Dr. Pratima Rangarajan reiterated the organization’s mission to support next-generation decarbonization technologies that can transform high-emitting industries. She welcomed TotalEnergies’ renewed support and noted that the strengthened OGDC partnership will enable broader deployment and greater impact across the global oil and gas sector.
